Austerity anger: Taking it to the streets

Anti-austerity protesters took to Europes' streets Wednesday to voice their anger at measures implemented by governments to try to control their debt. Tens of thousands of demonstrators also marched through the streets of Brussels toward European Union buildings. The march in Brussels took place just as the EU Commission proposed new penalties to punish member states that have run up deficits, mainly to fund social programs in a time of high unemployment.

Senior Fellow in Economics, at UK based research institute, Chatham House, Vanessa Rossi told Vatican Radio that jobless figures in some European countries are a cause for concern.
“Germany came through the recession with very little change in its unemployment rate.”
But she said, “if we take the worst cases particularly where property sectors have been crashing in Spain, in Ireland, in Greece, then these countries are seeing unemployment rise.”